Zobrazeno 1 - 10
of 98
pro vyhledávání: '"Stephanie Schmitt-Grohé"'
Autor:
Stephanie Schmitt-Grohé, Martín Uribe
Publikováno v:
The Review of Economic Studies. 88:969-1001
This article establishes the existence of multiple equilibria in infinite-horizon open economy models in which the value of tradable and non-tradable endowments serves as collateral. In this environment, the economy displays self-fulfilling financial
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::97d791b9fa5df00cc2c2c53df794b713
https://doi.org/10.1093/restud/rdaa023
https://doi.org/10.1093/restud/rdaa023
This paper studies optimal capital-control and bank-reserve remuneration policy in an open economy with a banking channel and a collateral constraint that limits household debt by a fraction of income. It finds that the unregulated economy borrows to
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2c7c799e9a0432a6a735643f8729e2df
https://doi.org/10.3386/w29473
https://doi.org/10.3386/w29473
This paper investigates empirically the role of the commodity price super cycle in explaining real activity in developed and emerging economies. The commodity price super cycle is defined as a common permanent component in real commodity prices. Esti
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4d802d0f3daf3634cd5c2f8798e3754b
https://doi.org/10.3386/w27589
https://doi.org/10.3386/w27589
Motivated by reports in the media suggesting unequal access to Covid-19 testing across incomes, we analyze zip-code level data on the number of Covid-19 tests, test results, and income per capita in New York City We find that the number of tests admi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2b8e857abd5b2a179e256cc0530a54bf
https://doi.org/10.3386/w27019
https://doi.org/10.3386/w27019
The effects of permanent monetary shocks on exchange rates and uncovered interest rate differentials
Autor:
Stephanie Schmitt-Grohé, Martín Uribe
Publikováno v:
Journal of International Economics. 135:103560
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::15e148523e1adf68d286089d49b6bc66
https://doi.org/10.1016/j.jinteco.2021.103560
https://doi.org/10.1016/j.jinteco.2021.103560